Don’t Be a Victim of Tax-Related Identity Theft

Don’t Be a Victim of Tax-Related Identity Theft by Susan Moussi

{2:55 minutes to read}

During the last tax season, I had several clients – even in my very small tax practice – experience a new twist in tax-related identity theft.

Clients received notices from the IRS thanking them for filing their 2014 tax return, although we had not yet even filed one. Someone else used their stolen Social Security number to file a tax return and claim a fraudulent refund. The thieves used stolen Social Security numbers and even stolen Employer Identification Numbers (EIN) from a business to create false W2 forms to support the false claims.

Continue reading

Business Filing Deadlines for the 2014 Tax Year

Business Filing Deadlines for the 2014 Tax Year By Susan Moussi{3:30 minutes to read} At the beginning of every year, most businesses find themselves in a rush to complete all of the necessary tax documents within the allotted time set forth by the government(s). They are busy reconciling all of their accounts in order to provide their tax preparer with the information that is necessary in order to file their income tax returns – which may be due as early as March 15th in some circumstances.

Of utmost importance is the issuance of two important earnings-related documents: The W-2 and the 1099.   Continue reading